Generative AI in Insurance: Product Development Use Cases

Insurers have been leveraging AI to improve efficiency across their workflows for years. In product development, for example, this has taken shape in ways such as using AI to review historical market data to optimize product offerings.

But as generative AI has gained prominence, it is presenting new opportunities for carriers to augment their product development processes even more. ValueMomentum has compiled some key use cases for insurers to look into.

This infographic covers:

• Key use cases for generative AI in product development
• The business benefits of each use